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- The Wall Street Journal: New Zealand's GDP in the 2nd quarter likely rose 1.1%
The Wall Street Journal: New Zealand's GDP in the 2nd quarter likely rose 1.1%
According to the median estimate of economists surveyed by The Wall Street Journal, the gross domestic product of New Zealand in the second quarter probably rose by 1.1% compared with the previous quarter. Recall that in the first quarter the economy rose 0.7%. On an annualized basis, economists forecast the growth rate at 3.6%. 9 experts surveyed said that the positive dynamics of GDP set by the construction sector, manufacturing and retail. Recall, the official data will be published on Wednesday at 21.45 GMT.
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